Robinhood, the popular mobile application that offers free trading of stocks, options, exchange-traded funds (ETFs), and crypto assets, has recently expanded its coverage in the U.S. adding Rhode Island, Tennessee and Arkansas since the beginning of October. The consecutive announcements made on social media came after the company launched in Alaska and Oklahoma last month.
“Hot-springing into Arkansas… rockin’ & rollin’ in Tennessee… anchored in Rhode Island,” Robinhood informed its community in separate Facebook posts.
The California-based startup, which launched its crypto trading platform in February, used the opportunity to remind its followers, users, and potential clients that its service comes free of commission.
In early 2018, Robinhood Crypto started trading in just four states. Its geographical reach has since grown to 24 different jurisdictions in the U.S. Besides the five states added recently, the list includes Arizona, California, Colorado, Florida, Georgia, Indiana, Iowa, Massachusetts, Michigan, Mississippi, Missouri, Montana, New Jersey, New Mexico, Pennsylvania, Texas, Utah, Virginia, and Wisconsin.